Thursday, June 21, 2007

Most U.S. Stocks Fall on Concern About Losses in Mortgage Securities

(Bloomberg) -- Most U.S. stocks fell for a second
day on concern the paralysis of two Bear Stearns Cos. hedge
funds may spark losses in mortgage securities.

Citigroup Inc., American International Group Inc. and
Merrill Lynch & Co. led declines. Nokia Oyj, the biggest mobile-
phone maker, slipped after an analyst cut his recommendation on
the shares.


Read more at Bloomberg Stocks News

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